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Dec 7, 2012
12/12
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berlusconi's party taken back support from the current government. but could this mean the return of the former prime minister to politics. we'll get more from our correspondent. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional values during the season of audi event. >>> earthquake strikes the northeast coast of japan producing a meter high tsunami. sandy expected to make its presence felt again as november payrolls look set to fall. but bundesbank warns of an imminent recession in germany. italian president suggesting there is no political crisis this italy, trying to reassure investors after the party led by berlusconi has withdrawn support for the m
berlusconi's party taken back support from the current government. but could this mean the return of the former prime minister to politics. we'll get more from our correspondent. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪...
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Dec 11, 2012
12/12
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berlusconi coming back maybe? >> i think the market is overreact ing. at the end of the day it's italian politics and berlusconi we're dealing with. it doesn't surprise me we bounced back to 1.30. it's not a december trade. when we get closer to an election in february we'll start to take a look. it was way too premature to react given all we know about italian politics, scott. >> we're watching the fed i know as you are. how does your trade factor in to the fed meeting if at all? >> look, i don't think the market will get much out of the fed tomorrow than we already know. you know, we're likely going to see operation twist get replaced with longer dated bond buying to the tune of $45 billion. we know that. i think the surprise would come if they set the target at a specific unemployment rate. i think that's premature, scott. it's january, more more likely helping along of that ilk would come out. i don't think the fed does a lot for the dollar. >> you're trading euro yen. >> a good proxy for risk. i like buying it at 107. i'm starting 110.50, stop-loss
berlusconi coming back maybe? >> i think the market is overreact ing. at the end of the day it's italian politics and berlusconi we're dealing with. it doesn't surprise me we bounced back to 1.30. it's not a december trade. when we get closer to an election in february we'll start to take a look. it was way too premature to react given all we know about italian politics, scott. >> we're watching the fed i know as you are. how does your trade factor in to the fed meeting if at all?...
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Dec 11, 2012
12/12
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berlusconi has announced he's creating a new center right grouping. meanwhile, mario monti has been accused oversimplifying solutions during the fiscal crisis. carolin is joining us now from rome. do we expect more of this rhetoric today? >> oh, definitely. not just today, but specifically over two months. elections will only be held probably on february 24th. we've got about two months of the silly campaigning season to follow. so yes, as you said, the verbal exchange is definitely heating up. it started with mr. monti's response criticism coming from officials about his renewed request for the prime minister post yesterday. he said this criticism was out of place. it was offensive not just for him, but also for all of the people in italy who have the freedom to vote. this morning, he did an interview with one of the channels here in italy and he said, i don't really care about this spread because the spread is based on fraud. that's the direct translation. meanwhile, if you take a look at the spread, they are moving higher again. 4.9%. italian equit
berlusconi has announced he's creating a new center right grouping. meanwhile, mario monti has been accused oversimplifying solutions during the fiscal crisis. carolin is joining us now from rome. do we expect more of this rhetoric today? >> oh, definitely. not just today, but specifically over two months. elections will only be held probably on february 24th. we've got about two months of the silly campaigning season to follow. so yes, as you said, the verbal exchange is definitely...
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Dec 18, 2012
12/12
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. >>> and former italian prime minister silvia berlusconi told a tv interviewer that he's engaged to be married. that's your morning dish of scrambled politics. >>> now for a look at the weather, we turn to bill karins with the weather channel forecast. good morning. >>> good morning. welcome. >> thank you. >> our new anchor at "first look". >> it's very good to be here. >> richard engel story -- >> i'm so relieved. a friend, a phenomenal person. >> five days, we had no clue. when he comes back and tells the story of what happened -- >> yeah. >> can't miss tv. >> absolutely. >> good morning. we have two storms to talk about as we go throughout the morning. one is the heavy rain heading up through new england. it's rain, not snow, which is rare for this time of year. and we are dealing with a new storm, a major winter storm as it goes through the mountains of the rockies today and through the plains tomorrow. let's start with what's happening in the northeast. that heavy rain has exited the new york city area, starting to exit long island, too. from new york city southward, philly, d.
. >>> and former italian prime minister silvia berlusconi told a tv interviewer that he's engaged to be married. that's your morning dish of scrambled politics. >>> now for a look at the weather, we turn to bill karins with the weather channel forecast. good morning. >>> good morning. welcome. >> thank you. >> our new anchor at "first look". >> it's very good to be here. >> richard engel story -- >> i'm so relieved. a friend, a...
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Dec 10, 2012
12/12
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berlusconi is usually telling people. they know these are just lies. >> coming back to bersani, you say that he will stick with the austerity drive. i'm wondering because marto monti's popularity has suffered over the last couple of weeks because the italian population is feeling the pain of austerity. will he have to backtrack somewhat on how harsh these austerity measures are going to be? >> the decreasing popularity of mr. monti is probably related to the fact that just in the last few weeks, people in italy had to pay for the first time a new tax on their home. obviously, particularly on the so-called first house is something that the italians were not used to in the last few years, but is something that is familiar to americans or to other people in northern europe. and, obviously, this particular time, we need to understand that the time is the time of the most severe crisis after 1930s. and we need to work in a direction where obviously we will have more taxation, but only through that direction we will get to a po
berlusconi is usually telling people. they know these are just lies. >> coming back to bersani, you say that he will stick with the austerity drive. i'm wondering because marto monti's popularity has suffered over the last couple of weeks because the italian population is feeling the pain of austerity. will he have to backtrack somewhat on how harsh these austerity measures are going to be? >> the decreasing popularity of mr. monti is probably related to the fact that just in the...
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Dec 13, 2012
12/12
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we know the sell-off that we saw on monday and the monte/berlusconi news, now berlusconi might be indicating willingness to let monti govern. the xetra dax is lower this morning. the ftse 100, too, down about 0.2% respectively. take a look at the bond curve. spain, this will be a good proxy for now. we'll get the ten year for italy in just a second. 35.34% is the level there. u.s. benefiting from fund flows well. choppy trade across the picture here. let's look at the italian curve before we get the results later today. we are seeing green across the board, so yields dipping before that probably has more to do with the political rhetoric we're seeing especially coming from berlusconi. under 4.6% for the ten-year and on the short and two, a bit of a rally. finally, let's close taking a look at the forex. euro/dollar is weaker. and it's holding just above 1.30. and the dollar/yen, this is the one sixuan mentioned to watch. heading into japanese elections, stocks outperform adding oots .1% to 83.35 this morning. >>> south korea's central bank may be worried about factors in the economy, but the
we know the sell-off that we saw on monday and the monte/berlusconi news, now berlusconi might be indicating willingness to let monti govern. the xetra dax is lower this morning. the ftse 100, too, down about 0.2% respectively. take a look at the bond curve. spain, this will be a good proxy for now. we'll get the ten year for italy in just a second. 35.34% is the level there. u.s. benefiting from fund flows well. choppy trade across the picture here. let's look at the italian curve before we...
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Dec 10, 2012
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that's because berlusconi. it's been said a couple things this morning, that italy is now the problem child in europe, more than greece, more than spain. but conversely, china, if gdp is coming back, they are in what many consider to be a sweet spot. >> the numbers came out saturday for china. i think italy has been remarkably good. so this was a big game changer. italy had been a part of the good story of european recovery. now it's back. >> all to monti was never intended to be there for the long term. >> sure. >> in fact, he may be leaving a month earlier than originally planned. this should not be a surprise in the larger context. while we may mention berlusconi's name right now, he's not expected to win. >> look, we knew that monti was successful. >> it may be whoever follows him is going to roll some of the gains that he's had. so-called gains. >> that's going to cause ripples here. look, on saturday night, i said, we're going to have a nice opening. china's good, people know that monti is not really goin
that's because berlusconi. it's been said a couple things this morning, that italy is now the problem child in europe, more than greece, more than spain. but conversely, china, if gdp is coming back, they are in what many consider to be a sweet spot. >> the numbers came out saturday for china. i think italy has been remarkably good. so this was a big game changer. italy had been a part of the good story of european recovery. now it's back. >> all to monti was never intended to be...
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Dec 19, 2012
12/12
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. >> silvio berlusconi getting hitched. he is engaged to a 28-year-old woman. this is while his sex for hire trial continues in milan. berlusconi is flirting with another run for prime minister. >> that must have been some engagement ring, right? >> that guy, he has -- >> the guy may want to be prime minister, forgetting all of his other problems, europe, the financial sector, terrified of that. >> silvio berlusconi, the gift that keeps on giving. >> john tries to make this very serious. i appreciate you bringing it back to the financial crisis. >> no, no, no. we were focused on something different. >> the sex for hire trial? the proposal during the sex for hire trial? >>> main street might be seeing a run for guns in some places, but wall street, it's the opposite. a look at that, coming up. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german
. >> silvio berlusconi getting hitched. he is engaged to a 28-year-old woman. this is while his sex for hire trial continues in milan. berlusconi is flirting with another run for prime minister. >> that must have been some engagement ring, right? >> that guy, he has -- >> the guy may want to be prime minister, forgetting all of his other problems, europe, the financial sector, terrified of that. >> silvio berlusconi, the gift that keeps on giving. >> john...
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announced he is to run for office in next year's parliamentary elections on thursday berlusconi's people of freedom party withdrew its support from the government he says montes a sturdy policies that harmed italy and he hopes to lead the country out of the financial crisis the saudi six year old has already served as italy's prime minister for three separate terms and he's currently caught up number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. and as well and president hugo chavez has announced he is suffering from cancer once again the leader says tests showed a return of some malignant cells in the same area were tumors have been previously removed he will return to cuba are worried he's already received cancer treatment to undergo surgery in the coming days the news comes two months after her child as was reelected asked president in a tie vote. he was authorities can obtain and study data european storen live overreaching you are strict privacy protection laws and that's according
announced he is to run for office in next year's parliamentary elections on thursday berlusconi's people of freedom party withdrew its support from the government he says montes a sturdy policies that harmed italy and he hopes to lead the country out of the financial crisis the saudi six year old has already served as italy's prime minister for three separate terms and he's currently caught up number of scandals including tax fraud convictions which he's appealing and accusations of paying for...
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Dec 24, 2012
12/12
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berlusconi said no. that was all deutsch bank's fault. at the same time the equivalent of almost a coup detate he said. it was a big lie. that's the reason why italian interest rates rose and he had to step down for wrong reasons. >> yes. >> they must be giving a way of escape for christmas in italy. >> oh, yes, yes. it never ends over there. >> thanks, michelle. happy holidays to you. >>> we'll take a look at what is moving on this shortened day. >> going to ring the closing bell, we'll chat with him about the music business. the big debate is, is there a plan c for the whole fiscal cliff issue? never mind the pundits and the jokes. plan c doesn't stand for canada. the brief outline, the choices are getting narrow and not that hard to figure out. put up what that plan c looks like. the one on the table is still the old plan a. president obama's offer to raise taxes on the top 2%, restore the bush era tax cuts for the rest of us. yes there is talk about putting in spending cuts, raising medicare eligibility and changing the inflation meas
berlusconi said no. that was all deutsch bank's fault. at the same time the equivalent of almost a coup detate he said. it was a big lie. that's the reason why italian interest rates rose and he had to step down for wrong reasons. >> yes. >> they must be giving a way of escape for christmas in italy. >> oh, yes, yes. it never ends over there. >> thanks, michelle. happy holidays to you. >>> we'll take a look at what is moving on this shortened day. >> going...
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Dec 7, 2012
12/12
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that is a promise made by berlusconi. that is good news because as far as barclays capital is concerned it doesn't matter for the markets. what you really need is a stable government and saying to the opposition, look, if do you empower, make it clear you're going to come through with reforms that are already on the table. in that environment, the fact that we're not going to have a disorderly dissolution in italy, you've seen the yields, in fact, fall on the italian debt. so after yesterday, the yields spike. in other words, the bond market is rising and a little bit more. >> do you think there's as th ce he runs again, berlusconi? >> probably not. the reason he did that, withdrew his support is -- the expectations is not that he'd run, but who knows. the man is a dash the m-- the m character. >> yes, he is. have a great weekend. sharon epperson is live at the nymex. good morning, sharon. >> good morning, carl. it was fast and dramatic, particularly in the gold market where we saw a big selloff in gold initially on what
that is a promise made by berlusconi. that is good news because as far as barclays capital is concerned it doesn't matter for the markets. what you really need is a stable government and saying to the opposition, look, if do you empower, make it clear you're going to come through with reforms that are already on the table. in that environment, the fact that we're not going to have a disorderly dissolution in italy, you've seen the yields, in fact, fall on the italian debt. so after yesterday,...
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Dec 20, 2012
12/12
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this video would -- this would be silvio berlusconi's third marriage. is he now fighting charges of having sex with an underaged woman known to the world as ruby the heart steeler and using his office to cover it it up. in october, another court convicted him of tax fraud and sentenced him to four years in the clink. but he is appealing that conviction and says he is considering running again for prime minister of italy. the syrian regime can and will deploy chemical weapons on its own people unless other nations step in. that's the word now from a former syrian general who now leads the rebels. plus, investigators say this beauty queen died after a shootout in mexico and they have now linked one gun at the scene to the failed operation fast and furious. plus, the latest winter storm could throw a huge wrench into travel plans across several states. we'll tell you where it is headed and how much it's about to dump as we approach the bottom of the hour and the top of the news as fox reports live tonight. and 320 calories. marie callender's. it's time to
this video would -- this would be silvio berlusconi's third marriage. is he now fighting charges of having sex with an underaged woman known to the world as ruby the heart steeler and using his office to cover it it up. in october, another court convicted him of tax fraud and sentenced him to four years in the clink. but he is appealing that conviction and says he is considering running again for prime minister of italy. the syrian regime can and will deploy chemical weapons on its own people...
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Dec 28, 2012
12/12
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it's not like berlusconi has a record of fiscal spending. >> no. but i guess also the times were different. >> the times were different but the interest rate was slightly higher than it is now. but the primary surplus of the country ran over that period which was an acceptable 3% on average is already right now reached once again. so all the parameters are in the right place and the only thing the next government needs to do is actually nothing. if it does nothing, if it doesn't reverse the reforms -- >> what's interesting is what berlusconi is campaigning on is austerity. he's running on an ant anti-austerity pro eu package. while it's untenable, it does have a certain amount of certainly backtracking the fiscal returns for them. >> exactly. this property tax, i think that's a cause for concern. if you were to repeal that, the fiscal position on would be unsustainable and he would have to raise taxes elsewhere to make up for that. that would be some messy negotiations with him on a european level. markets would be very concerned already heading in
it's not like berlusconi has a record of fiscal spending. >> no. but i guess also the times were different. >> the times were different but the interest rate was slightly higher than it is now. but the primary surplus of the country ran over that period which was an acceptable 3% on average is already right now reached once again. so all the parameters are in the right place and the only thing the next government needs to do is actually nothing. if it does nothing, if it doesn't...
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Dec 6, 2012
12/12
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. >> the "b" word, berlusconi, incredible. see you later. if you're just joining us here is what you missed earlier this morning. >> welcome to hour three of "squawk on the street." here is what's happening so far. >> a sound fiscal position is necessary to protect the economy. >> okay. >> if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. >> 370,000, a drop of 25,000, because the 393 originally released last week was upgraded a couple of thousand. >> people are truly perplexed about what the stock is, where it got to, what do you do with it. >> so you can come up with a million reasons. it's manufacturing, well, maybe it is manufacturing, but is there really a demand question about apple's products? [ bell ringing ] >> there is a scenario says and some people believe in it, go over the cliff and if about two, three days we'll have it settled. . look if we knew that was going to happen i'd say go over the cliff. two or three days is not going to do any harm. suppose it's two or
. >> the "b" word, berlusconi, incredible. see you later. if you're just joining us here is what you missed earlier this morning. >> welcome to hour three of "squawk on the street." here is what's happening so far. >> a sound fiscal position is necessary to protect the economy. >> okay. >> if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. >> 370,000, a drop of 25,000, because...
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former italian prime minister silvio berlusconi will run in the for office in the spring after resigning in november. not going to. interesting. lori: we'll keep an eye on that development in europe. don't forget the ecb, this is headline, saying eurozone is in for more economic woes and great are contraction. switching gears here, the concern over the u.s. fiscal cliff has you looking for a way to invest in gold there is one place you might have overlooked and that is ebay. a gold dealer has teamed up with the online retailer to give consumers an easy way to purchase gold bullion. the company's ceo michael haines joins me with more. rich souvenirs. don't turn away. how much money is actually here in gold and silver? >> just on the table right here probably about 50, 60,000. lori: only? chump change. >> annual bonus. lori: how do you know that is real? >> this is made for example, this one right here is made by the united states mint. so your government is actually making coins so that he can own bullion in your own personal investment portfolio. lori: so if an investor goes to ebay to p
former italian prime minister silvio berlusconi will run in the for office in the spring after resigning in november. not going to. interesting. lori: we'll keep an eye on that development in europe. don't forget the ecb, this is headline, saying eurozone is in for more economic woes and great are contraction. switching gears here, the concern over the u.s. fiscal cliff has you looking for a way to invest in gold there is one place you might have overlooked and that is ebay. a gold dealer has...
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Dec 29, 2012
12/12
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. >> silvio berlusconi has agreed to pay $48 millio
. >> silvio berlusconi has agreed to pay $48 millio
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Dec 10, 2012
12/12
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and silvio berlusconi wants to replace him. europe is appalled. and people blaming the recession for not having more children. 64 births for one thousand women of child bearing age. half of the peak of the baby boom in the 1950's. our next guest has six children, counts them. and what's that-- >> and naham segal. that works. >> have i got that word? >> and light tte candles. >> if you light them i will come. >> you have six children. >> as do you. >> leave me out of this. >> and others people say they can't afford it you're saying it doesn't matter if you can afford them or not. >> if the price tag of having a child scares you the most, you haven't done the right gut test. stuart: so, go ahead and have the children whether you can afford them or not. >> having children is the investment in the future. if we don't have children now and understanding in the short-term there are obviously economic hardships going on, it is classic then in an economic down turn, people should-- people are thinking twice of having kids. if we do not have kids now we wi
and silvio berlusconi wants to replace him. europe is appalled. and people blaming the recession for not having more children. 64 births for one thousand women of child bearing age. half of the peak of the baby boom in the 1950's. our next guest has six children, counts them. and what's that-- >> and naham segal. that works. >> have i got that word? >> and light tte candles. >> if you light them i will come. >> you have six children. >> as do you. >>...
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stated that he plans to resign the news came hours after the country's former prime minister silvio berlusconi announced he is to run for office in next year's parliamentary elections on thursday all these people of freedom party withdrew it from the government and he says montes astaire policies have harmed italy and he hopes to lead the country out of the financial crisis the seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing at accusations of paying for sex with an underage prostitute something he denies. nearly two hundred countries have agreed to extend the kyoto protocol a treaty that limits the greenhouse gas out with some nations and hopes of curbing global warming the legally binding plan was approved by un delegates during climate talks in doha the summit established for the first time the rich nations should move towards reimbursing poor nations for losses due to climate change. but as well and president hugo chavez has announced he is sufferi
stated that he plans to resign the news came hours after the country's former prime minister silvio berlusconi announced he is to run for office in next year's parliamentary elections on thursday all these people of freedom party withdrew it from the government and he says montes astaire policies have harmed italy and he hopes to lead the country out of the financial crisis the seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in...
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Dec 24, 2012
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berlusconi. >> look at his hair. what is he, 76? >> 76. he just sat down with cnbc italy over the weekend. silvio berlusconi says he does not want to run for prime minister, but, he is obligated to, because the country needs him so desperately. he is the only one that can bring together 40% of the people who vote for him, so that way the left does not control italy. >> he could not get 40%, could he? or could he? >> i don't know if he could get 40%. he thinks he can get more than anybody else. >> really? >> yes. >> now the question is, 40% isn't enough once you're in a parliament, right, because of a parliamentary system and two other parties that used to support him no longer do. it's not clear what they would ultimately do, would they really link to the left? it's hard to say. more than italy, remember, they would never agree with this, but they're far more dramatic than southern italy. >> as someone that just likes global politics, i like him. >> oh, he's so fun. >> on the world stage. >> he was sentenced to priso
berlusconi. >> look at his hair. what is he, 76? >> 76. he just sat down with cnbc italy over the weekend. silvio berlusconi says he does not want to run for prime minister, but, he is obligated to, because the country needs him so desperately. he is the only one that can bring together 40% of the people who vote for him, so that way the left does not control italy. >> he could not get 40%, could he? or could he? >> i don't know if he could get 40%. he thinks he can get...
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of technocrats says he plans to resign the news came just hours after the country's former pm silvio berlusconi announced he's to run for office in next year's parliamentary elections one of the. people of freedom party withdrew its support from the government he says montes policies and harmed italy and that he hoped to lead the country out of the financial crisis and seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing and accusations of paying for sex with an underage prostitute something he denies. but as well in president who are chavez has announced he's suffering from cancer once again but he says tests showed return of some malignant cells in the same area where tumors had been previously removed he said to return to cuba where he's already received cancer treatment to undergo surgery in the coming days but news comes two months after travers was elected as president in a tight vote. beijing has warned india against pursuing all exploration in the d
of technocrats says he plans to resign the news came just hours after the country's former pm silvio berlusconi announced he's to run for office in next year's parliamentary elections one of the. people of freedom party withdrew its support from the government he says montes policies and harmed italy and that he hoped to lead the country out of the financial crisis and seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number...
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Dec 27, 2012
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one of, what will the clash with silvio berlusconi be? he said his economy was crippled and said the right would abolish property tax rises. the second more interesting question is whether or not monty in the game means the election result in february will be a less strong coalition to enact reform, which is clearly where we hope they will go as in keeping -- trying to keep the investor sentiment going. in rome, they actually auctioned 12 euros of bills. all the politics with berlusconi not really affecting the market. yields are low, confidence still in there. some italian banks rose on the back of that. not huge moves. you can see bpms, up 2.2%. in the center of europe where it was concentrated, other banks moved higher. i'll show you those, lloyds, in the netherlands. and one is a bank here. a tragedy really in spain. essentially 350,000 small shareholders you could argue, were conned to buying the bankia stock when the government owned it last year. they had products based on subordinate debt. we learned the bank's net worth is minus
one of, what will the clash with silvio berlusconi be? he said his economy was crippled and said the right would abolish property tax rises. the second more interesting question is whether or not monty in the game means the election result in february will be a less strong coalition to enact reform, which is clearly where we hope they will go as in keeping -- trying to keep the investor sentiment going. in rome, they actually auctioned 12 euros of bills. all the politics with berlusconi not...
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there was going to announce he is to run for office in next year's parliamentary elections thursday berlusconi's people of freedom party was druid support from the government he says montes astaire the policies have harmed italy and he hopes to leave the country out of the financial crisis seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing at accusations of paying for sex with an underage prostitute something he denies. it as well and president hugo chavez has announced he is suffering from cancer once again the leader says tests showed a return of some malignant cells in the same area where tumors had been previously removed he will return to cuba where he's already received cancer treatment to either go surgery in the coming days the news comes two months after chavis was reelected as president in a tight vote. beijing as warned india against pursuing oil exploration in the disputed resource rich south china sea it comes in reaction to this week's statem
there was going to announce he is to run for office in next year's parliamentary elections thursday berlusconi's people of freedom party was druid support from the government he says montes astaire the policies have harmed italy and he hopes to leave the country out of the financial crisis seventy six year old has already served as italy's prime minister for three separate terms he's currently caught up in a number of scandals including tax fraud convictions which he's appealing at accusations...
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ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. many people in europe are sharing the same christmas wish this year and learns to the blog suffocating austerity drive later this hour we'll take a closer look at the massive crowds that have been raging across europe in our special and of year the truck plant. so it's a cold night. so the holiday season in the u.k. may well turn out one for so many brits is just too tempting to over indulge in the festive spirit. earlier this year r.t. reported on the case of a british somali man he is u.k. sits in the ship while visiting somalia and following that marti how she went missing and he's going there to check our reports only to appear months later in a new york courtroom charged with terrorism. buckbee how she stands accused of providing material support to somali militant group al-shabaab how she was stripped of his britis
ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. many people in europe are sharing the same christmas wish this year and learns to the blog suffocating austerity drive later this hour we'll take a closer look at the massive crowds that have been raging across europe in...
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ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. many people in your approach sharing the same christmas wish this year and to the block suffocating austerity drive and later this hour we'll take a closer look at the massive protests that have been raging across europe in our special and of year feature. so. yeah. i'm not going i. know i'm not tonight. so when it's just it tempting to indulge in the olympic spirit it could mean a whole lot of headaches for the u.k.'s and murdered sleep. earlier this year reported on the case of a british somali man who had his u.k. citizenship revoked while visiting somalia following that marty how she went missing and she's going there to cheer counterforce only to appear months later in a new york courtroom charged with terrorism. buckbee how she stands accused of providing material support to somali militant group al-shabaab how she
ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. many people in your approach sharing the same christmas wish this year and to the block suffocating austerity drive and later this hour we'll take a closer look at the massive protests that have been raging across europe...
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ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. many people here are sharing the same christmas wish this year and went to the block suffocating austerity drive and. a look at the massive protests that have been raging across europe an hour special and feature. trial. one that when the festive season gets out of hand it can only trouble for the already overstretched u.k. emergency. earlier this year r.c. reported on the case of a british somali man who has a u.k. citizenship revoked while visiting somalia and following that money he harshly went missing and as also he's going there to check our reports only to appear months later in a new york courtroom charged with terrorism. bhakti how she stands accused of providing material support to somali militant group al-shabaab how she was stripped of his british citizenship earlier this summer over accusations of his involv
ready to step back in and leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a. many people here are sharing the same christmas wish this year and went to the block suffocating austerity drive and. a look at the massive protests that have been raging across europe an hour special and feature. trial....
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i'm ready to step back in leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a burly. forty has been tracing europeans are steering battles all year and will remind you of what we've witnessed later on this hour. the festive spirit takes on a whole new meaning for britain's police and hospital staff as christmas revellers down a few too many drinks for some i mean spending the holidays in the cellar or award parties sarah firth has been out among the party goers but it's the season to be merry but for some of us perhaps a little to be merry but the christmas spirit once again upon us doing so when it's come pain is a warning people to be careful about how much they drink over the holiday period now in the last couple of years we've seen the figures increasing for the number of alcohol related injuries and we continue in the u.k. to pay too high a price for alcohol abuse now every year it's costing t
i'm ready to step back in leave this lead to success quite possibly out of the euro sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're on minority list. peter all of a burly. forty has been tracing europeans are steering battles all year and will remind you of what we've witnessed later on this hour. the festive spirit takes on a whole new meaning for britain's police and hospital staff...
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Dec 12, 2012
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berlusconi and mr. monty. he agrees with mr. berlusconi on one thing. he says spreads are all just based on speculation. >> translator: the spread is completely detached from the real economy. the spread is mental hallucination created by speculation in the banking sector because half of the italian debt is owned by foreign banks. these banks try to get high rate in order to earn more. so we are a victim of banking speculation, of both foreign and domestic banks. we shall detach from the real economy. we need to stop this vicious cycle of debt that is strangling us. >> reporter: many would argue it's the right time for mario monty to leave the political scene. would you agree? >> translator: he needs to disappear. he was, as the americans say, a bluff, a bubble, a bankruptcy curator. our country went bankrupt last year. half of the debt was in french and german banks. had we gone bankrupt last year, europe would have ended. so they sent in monty to manage the situation in order for the german and french banks to get their money back. the ucb printed out
berlusconi and mr. monty. he agrees with mr. berlusconi on one thing. he says spreads are all just based on speculation. >> translator: the spread is completely detached from the real economy. the spread is mental hallucination created by speculation in the banking sector because half of the italian debt is owned by foreign banks. these banks try to get high rate in order to earn more. so we are a victim of banking speculation, of both foreign and domestic banks. we shall detach from the...
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plus a talian technocrat leader mario monti versus bunga bunga three time former prime minister silvio berlusconi their latest debate centers around a different approach to bond yields will cover the spread in loose change let's get to today's capital account. government budget deficits do they matter of course but looking at the fiscal cliff debate it actually seems most seem to agree with that statement i just made though folks may disagree on the best way or time to address them here's the but is this framework misguided well yes according to supporters of m.m.t. at least as far as i can tell it's a theory we've been hearing more and more about over the years some guests on this show have revealed shades of it but we haven't really gotten into a discussion about it now some press attention has been given more it seems in the last year or so here's an article from the washington post modern monetary theory an unconventional take on economic strategy and further in this off article it talks about deficit our walls and so not hawks or does but owls now where did this term come from well according
plus a talian technocrat leader mario monti versus bunga bunga three time former prime minister silvio berlusconi their latest debate centers around a different approach to bond yields will cover the spread in loose change let's get to today's capital account. government budget deficits do they matter of course but looking at the fiscal cliff debate it actually seems most seem to agree with that statement i just made though folks may disagree on the best way or time to address them here's the...
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and some other world news and breathe this hour easily scandalous for work here and silvio berlusconi might run for office again speculation has risen after the people's freedom party dismissed its current leader as a candidate for the job with one senior official saying they'll now put a bullet scone into the race for the premier was forced out of the post last year over italy spain official hardships while in october of this year he was convicted of tykes fraud. plus floods in argentina have wreaked havoc for people in the capital with advancing waters leaving them stranded in the streets they have a rain sore some people resorting to moving around the city to encounter news turning good as arias into a latin american version of venice the authorities were also forced to close neurosis rather than metro lines. greek youths have clashed with police in athens as they took to the streets and marking the fourth anniversary of a deadly police shooting security officers had to resort to tear gas to disperse the angry mob while three people were arrested in two thousand and eight a police
and some other world news and breathe this hour easily scandalous for work here and silvio berlusconi might run for office again speculation has risen after the people's freedom party dismissed its current leader as a candidate for the job with one senior official saying they'll now put a bullet scone into the race for the premier was forced out of the post last year over italy spain official hardships while in october of this year he was convicted of tykes fraud. plus floods in argentina have...
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at the same time, very controversial former prime minister silvio berlusconi also said he is run fog are the prime minister post again. so this is got markets extremely wore rid. here's why. because markets are concerned that the new government would be elected on february 24th, that this new government will not be implementing the austerity measures that mr. monti has implemented over the last couple months. but is this concern actually warranted? well, if you speak to a number of analysts, well they'll say, no, because if you look at the opinion polls you'll see that the party which will most likely win, that's the democratic party. and he said, or the leader said, look, we're going to stick to the austerity measures that were implemented by monti. >> carolyn roth for us in rome tonight. coming up, jcpenney ringing up discounts. what this dramatic change in pricing strategy spells out for its ceo ron johnson and his future. and of course, the stock, we'll be right back. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet
at the same time, very controversial former prime minister silvio berlusconi also said he is run fog are the prime minister post again. so this is got markets extremely wore rid. here's why. because markets are concerned that the new government would be elected on february 24th, that this new government will not be implementing the austerity measures that mr. monti has implemented over the last couple months. but is this concern actually warranted? well, if you speak to a number of analysts,...
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i'm ready to step back in leave this lead to success quite possibly out of the you sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're a minority list. peter all of a c. . and the christmas spirit is everywhere in britain as well flowing freely in the nation's pubs and restaurants but our summer training themselves to a bit too much the holiday cheer is lost on britain's police and hospital staff who are working overtime sarah for brings us more from the streets of newcastle. well it's the season to be merry but for some of us perhaps a little t. merry but the christmas spirit once again upon us brings awareness campaigns a warning people to be careful about how much they drink over the holiday period now in the last couple of years we've seen the figures increasing so the number of alcohol related injuries and we continue in the u.k. to pay too high a price for alcohol abuse now every year it's costing the n.h.s. and millions of pounds in dealing with the people who are coming three th
i'm ready to step back in leave this lead to success quite possibly out of the you sincerely silvio berlusconi well we'll have to wait to see if their christmas wishes come true but santa did you get my letter yes was i on the nice list you're a minority list. peter all of a c. . and the christmas spirit is everywhere in britain as well flowing freely in the nation's pubs and restaurants but our summer training themselves to a bit too much the holiday cheer is lost on britain's police and...
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Dec 14, 2012
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but, okay, sometimes there are some comeback kids and berlusconi could be one of them. he did say that if monti would stand, he would resolve his claim to anything, but he wanted to prevent a shift to the left in italy. that's something angela merkel could support. although she might have to face her own transition to the left as we face elections in september. it's hoped mario monti would stand again and would stay in place because clearly that was the sort of work in progress that worked well. down with the euro and italy has to walk its own way. that is not something that we would like to hear in the eu eurozone or in berlin. >> silvia, thank you so much for your time. >>> now, a weak ahead of the person of the year, the winner, north korean leader kim jong un. the magazine didn't admit that various online campaigns were at work to influence the vote. not necessarily a legitimate tell on who readers would like to see as person of the year. so we're going to cast our own poll on "worldwide exchange." who is your pick for person of the year? e-mails us here, tweet us.
but, okay, sometimes there are some comeback kids and berlusconi could be one of them. he did say that if monti would stand, he would resolve his claim to anything, but he wanted to prevent a shift to the left in italy. that's something angela merkel could support. although she might have to face her own transition to the left as we face elections in september. it's hoped mario monti would stand again and would stay in place because clearly that was the sort of work in progress that worked...
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things are going the politicians have already started the finger pointing of just who is to blame silvio berlusconi in italy saying that well he's going to run against to be the leader of the country and he's pointed a finger squarely towards germany where i am right now saying that it's up to berlin to recognize the european central bank as a real central bank in his words otherwise well countries like italy are going to have to pull out of the euro zone in fact well there are those here in germany that would say that it's well germany that has to pull out of the year or so of this going on as we look towards twenty thirteen and that difficult task of trying to solve the eurozone and the european union's crippling financial problems. and it has financial troubles that have increased the calls from spain's wealthiest region catalonia to break away from central government madrid however has stressed it has the legal power to stop it from even holding a referendum on independence the warning came hours before the region's pro separatist parliamentary majority signed an agreement according for a publi
things are going the politicians have already started the finger pointing of just who is to blame silvio berlusconi in italy saying that well he's going to run against to be the leader of the country and he's pointed a finger squarely towards germany where i am right now saying that it's up to berlin to recognize the european central bank as a real central bank in his words otherwise well countries like italy are going to have to pull out of the euro zone in fact well there are those here in...
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berlusconi has indicated he will run for leadership again. cnbc's carolin roth will join us from italy with the latest in a few minutes. when i was over there, i had to have the -- all the political signs translated because there's a picture of monti sitting under a beach chair drinking a drink and all the text was send monti to the beach. they already didn't like him. >> he had very high disapproval ratings. i remember last summer i had seen that somewhere. >> they want to send him to the beach. the major european averages at this hour, there they, they're all down. not great in france, but germany down about .7% and the ftse down fractionally. other news out of europe, debt tieback for from an day to receive additional buyback offers. those would be at deeply discounted prices and that would help lower the country's debt lead. >>> in asia, stocks touched a 16-month high and closed mostly higher on the session with good gains, as you can see, with the kospi up the most, 1.5 points. >> strong nebs out of china which suggest maybe the economy
berlusconi has indicated he will run for leadership again. cnbc's carolin roth will join us from italy with the latest in a few minutes. when i was over there, i had to have the -- all the political signs translated because there's a picture of monti sitting under a beach chair drinking a drink and all the text was send monti to the beach. they already didn't like him. >> he had very high disapproval ratings. i remember last summer i had seen that somewhere. >> they want to send him...
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talk maybe about berlusconi's engagement we we come back. the s military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> the european markets are closing now. >> and with that we surveyed the landscape of both green and red. want to bring in michelle caruso-c
talk maybe about berlusconi's engagement we we come back. the s military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. [ male announcer ] how do you trade? with scottrader...
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now despite facing a trial for underaged prostitution charges berlusconi is also trying to return to power. he is running for a fourth term as prime minister. >> bill: how much older is he? >> 49 years older than she is. he's 76. she's 27. >> bill: viagra is a wonderful drug. >> another documentary about former president bill clinton is set to be produced to air on hbo. it has a major hollywood name behind it. deadline reporting martin scorsese will produce the project that will explore clinton's perspectives on history, politics, culture and the world. it is reportedly being made with the former president's full cooperation. look for it next year. >> bill: i don't know if he's putting any money into it. >> quite possible. and the world's oldest person, dina of iowa, sadly only held that title for two weeks. abc reports she passed away at the age of 115 yesterday. born april of april 1897. had four kids. guinness book of world records says it is a man from japan said to be the oldest person in the world. 15 days younger than dina was. >> bill: there you go, ellen ratner. you got a lo
now despite facing a trial for underaged prostitution charges berlusconi is also trying to return to power. he is running for a fourth term as prime minister. >> bill: how much older is he? >> 49 years older than she is. he's 76. she's 27. >> bill: viagra is a wonderful drug. >> another documentary about former president bill clinton is set to be produced to air on hbo. it has a major hollywood name behind it. deadline reporting martin scorsese will produce the project...
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Dec 22, 2012
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greek-style debt crisis and his governing coalition lost support after former prime minister silvio berlusconi's party with their support setting the stage for new general election in february. ♪ >> gregg: well, look out, from weather, leaving few areas of the country untouched. heavy snow, and strong winds, threatening to make christmas travel a real chore. the nation's airports now looking like waiting rooms. stranded passengers waiting for cancelled flights to be rescheduled and in green bay, wisconsin, home of the packers, buried in snow, so bad, lambeau field is hiring fans to help shovel it away before tomorrow's game. maria molina live in the fox extremes weather center. >> snow storm in the midwest and great lakes and north east and is now exiting the u.s. and pulling into canada amd winding down as far as intensity and snow goes well, have lingering snow showers, in up state new york and portions of vermont and western connecticut and massachusetts. again, overall, the storm system pretty much over and done with, the wind will continue to die down and temperatures, will be chilly behi
greek-style debt crisis and his governing coalition lost support after former prime minister silvio berlusconi's party with their support setting the stage for new general election in february. ♪ >> gregg: well, look out, from weather, leaving few areas of the country untouched. heavy snow, and strong winds, threatening to make christmas travel a real chore. the nation's airports now looking like waiting rooms. stranded passengers waiting for cancelled flights to be rescheduled and in...
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Dec 23, 2012
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financial meltdown after stepping into the prime minister's role following the resignation of silvio berlusconi last year. monte's resignation sparked concern. >>> president obama and members of the senate will gather later today to say good-bye to one of their own. senator daniel inouye who represented hawaii in statehood. he was 8. senate majority leader senator harry reid has called on neil abercrombie to quickly appoint a successor before the end of the year. >>> ted kennedy jr., son of the late edward kennedy is considering a run for john kerry's senate seat, according to his brother former congressman patrick kennedy. "boston globe" reports that ted reached out to family members, friends and prominent democrats including john kerry about the possible run. he will likely faceoff against former senator scott brown who lost his seat to elizabeth warren in the november elections. those are your top stories. "reliable sources" at the top of the hour. now back to fareed zakaria "gps." >>> what would you dine a recession the fatd of a million jobs rested with you and just a few of us. nearly fou
financial meltdown after stepping into the prime minister's role following the resignation of silvio berlusconi last year. monte's resignation sparked concern. >>> president obama and members of the senate will gather later today to say good-bye to one of their own. senator daniel inouye who represented hawaii in statehood. he was 8. senate majority leader senator harry reid has called on neil abercrombie to quickly appoint a successor before the end of the year. >>> ted...